First chart is the Swiss Franc alone. Note that it’s approaching long-term support line (1) in the 0.98-0.99 area. Also note that this is 50% Fib retracement support. Also note that it is along line (1) where, for whatever reason,…...

Prefacing this post with the caveat that this is NOT a long or short call on AAPL into EPS tonight. This said, wanted to update the AAPL vs. Silver analog we had pointed out before and that the technical set-up…...

There is some important support in Spain’s IBEX that comes into play ~13%-15% lower at ~5,300-5,400. This support is formed by line (2) in the chart below as well as 75% Fib retracement support and various swing lows from the…...

Though the site is largely dedicated toward the macro, we do like to highlight individual stocks as well, so long as they have a compelling “story” and some type of interesting risk/reward set-up is in play. This brings us to…...

The Arca Gold Miners index appears to be completing a repeating pattern whereby the index tops out in a rounded reversal into a decent decline and then finds horizontal trend-line support. At such support the index has historically bounced materially…...

This chart has always been quite compelling given the close proximity to which the current secular bear market (black line) has tracked against the average secular bear market through history (red line). The values plotted are inflation-adjusted relative to prior…...

Always struggle to find much value in the AAII Sentiment Survey data and commentary. That said, the conditions in this week’s survey data have been fulfilled only eight other times in history. Here are the conditions being filtered upon –…...

The RSI on the SPY 60 min chart is once again reaching quite elevated levels. Over the past year, even as the market was working on or within a sustained up-trend, it has paid to wait for better entry prices…...

We posted this same analysis a few weeks ago and are updating it now given it has changed since then (break-out in ratio occurring). The only times the ratio of copper vs. gold has been lower than it has been…...

If credit leads and equity confirms, the message riskier areas of the credit universe are currently sending is far different from the one they were sending through much of 2007 and early 2008 as they deteriorated significantly in front of equity…...